Inovisi Infacom Tbk

Financial Statements for INOVISI INFRACOM Tbk  (INVS)

Year over year, PT Inovisi Infracom Tbk has been able to grow revenues from $48.2B to $88.7B. Most impressively, the company has been able to reduce the percentage of sales devoted to income tax expense from 2.18% to 0.36%. This was a driver that led to a bottom line growth from $2.8B to $28.1B.

 

New INVS then just staged the corporation issuing new shares (Rights Issue), From this corporate actions, INVS billion pocketed funds amounting Rp.97.75. According to news, all analogous result of new issuance of shares with preemptive rights (Rights) has been used to acquired 100% shares Code Wireless Pte. Singapore companies operating in this field of small and medium scale IT.

Share Price INVS

Peak (resistance) has been formed at the position in 2025 and Trough (Support) at the 1640 level, like that seen in the graph above is very uptrend stock trends and are always able to penetrate the highest price, this is a very good momentum for the investors and retail traders , When trading on Monday, where stocks will go back again through the peak  (resistance) in 2025, the most likely chance of rising prices, the entry point to buy this stock at 2050 prices and cut loss 7% -8%, so buy this stock when the share price successful through the peak in 2025, bought in 2050 and cut loss price of these shares when prices penetrate the Trough (support) in 1640 at 1630 prices.